✓
Open
22 Mar 2018
✓
Close
26 Mar 2018
3
Allotment
—
✓
Listing
Thu, Apr 5, 2018
Price Band
₹30 per share
Issue Size
55,64,000 shares (agg. up to ₹17 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Apr 5, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.08x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 86.69 | 76.25 | 67.63 | 61.11 |
| Total Income | 164.01 | 213.00 | 220.56 | 206.50 |
| Profit After Tax | 3.51 | 3.95 | 1.82 | 0.92 |
| NET Worth | 31.62 | 28.11 | 24.16 | 22.33 |
| Reserves and Surplus | 29.90 | 26.39 | 22.43 | 20.61 |
| Total Borrowing | 28.72 | 24.08 | 22.69 | 18.27 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreeji Translogistics Ltd. | SME | ₹12.40 Cr | ₹130 | null | ₹132.00 | +1.54% | ₹8.28 (-0.96%) |
| Total Transport Systems Ltd. | SME | ₹17.01 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹53.42 (-2.21%) |
| Jalan Transolutions (India) Ltd. | SME | ₹17.71 Cr | ₹46 | null | ₹41.95 | -8.80% | ₹1.75 (-2.78%) |
| Future Supply Chain Solutions Ltd. | Mainboard | ₹649.70 Cr | ₹664 | null | ₹686.35 | +3.37% | ₹2.75 (+5.00%) |
| Mahindra Logistics Ltd. | Mainboard | ₹828.88 Cr | ₹429 | null | ₹429.50 | +0.12% | ₹387.35 (+0.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 16.23 |
| 2 | Issue Expenses | 0.47 |
About Orissa Bengal Carrier IPO
Incorporated in 1994, Orissa Bengal Carrier Limited is a Raipur, Chhattisgarh based logistics company engaged in goods transportation business. The company is one of the IBA approved transporter having ISO 9001:2015 certification for provision of Quality Management System Service. It serves a broad range of industries, including the steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, textile, FMCG. The various types of services provided by the company include: Full Truck Load Transport Services, Parcel and Part Truck Load Services/less than Truck Load (LTL). The company has a network 45 branch offices spread across the various regions of the country, which serves as strategic hubs for its operations. It has a diversified customer base spreading to over 200 customers as on September 30, 2017. The clientele includes public sector undertakings, corporate and other private players from steel, aluminum, cement, petrochemicals, power, chemicals, marble, tiles, infra, textile, FMCG to name a few.Orissa Bengal is maintaining its own fleet of 93 owned vehicles. They also provide services by hired vehicles. As of September 30, 2017 the company had 83 employees, includ
Contact Details
Orissa Bengal Carrier Ltd. AddressA-1, 3rd FloorC.G.Elite Complex, Opp Mandi GatePandri Main RoadRaipur, Chhattisgarh, 492001+91-771-4054518cs@obclimited.comVisit Website